The Tribunals, Courts and Enforcement Act 2007 (Commencement No. 8) Order 2012
S.I. 2012/1312 · Made 16 May 2012
Charging Orders
Made 16th May 2012
The Lord Chancellor makes the following Order in exercise of the powers conferred by section 148(5) of the Tribunals, Courts and Enforcement Act 2007f1.
Annotations to the whole text
Footnotes
- f1
Contents
- 1Citation and commencement
- 2Citation and commencement
- 3Citation and commencement
- Signature
- Explanatory note
1Citation and commencement
This Order may be cited as the Tribunals, Courts and Enforcement Act 2007 (Commencement No. 8) Order 2012.
2Citation and commencement
Section 94 of the Tribunals, Courts and Enforcement Act 2007 comes into force on 17 May 2012.
3Citation and commencement
Section 93 of the Tribunals, Courts and Enforcement Act 2007 comes into force on 1 October 2012.
Signature
Signed by authority of the Lord Chancellor
J Djanogly
Parliamentary Under Secretary of State
Ministry of Justice
16th May 2012
Explanatory note
(This note is not part of the Regulations)
This Order is the eighth commencement order under the Tribunals, Courts and Enforcement Act 2007 (“the Act”) and brings into force sections 93 and 94 of the Act, both of which amend the Charging Orders Act 1979 (c. 53) (“the 1979 Act”). Section 93, which is brought into force on 1 October 2012, amends the 1979 Act so that where a debtor is required by a county court or High Court order to pay a sum by instalments, a charging order may be made even though there has been no default in payment, but that the court must take the fact that there has been no default into account in deciding whether to make the order, and that an order for sale to enforce the charging order may in any event not be made where there has been no default in payment. Section 94, which is brought into force on 17 May 2012, inserts into the 1979 Act a new section 3A, giving the Lord Chancellor a power by regulations to set financial thresholds for the making of charging orders and for the enforcement of such orders by an order for sale.